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PALO ALTO, Calif.--(BUSINESS WIRE)--Today Bill.com, the largest U.S. business payments network, announced it has secured $100 million in financing with the goal of finally eliminating all paper from business payments. The round, led by JPMorgan Chase and Temasek, includes participation from the lead investors in each of the previous rounds and brings the total amount secured by the company to-date to over $200 million. “The last chasm to cross in digital payments is business payments. Eighty pe. Full investment news article

Jim Grant, editor of Grant’s Interest Rate Observer, said he’s bearish on Bridgewater Associates because founder Ray Dalio has become less focused on investing, while the firm lacks transparency and has produced lackluster returns. Full investment news article